UK economy

Image for UK gilts suffer biggest collapse since March 2020 meltdown
Top Stories

UK gilts suffer biggest collapse since March 2020 meltdown

LONDON (Reuters) – British government bond prices plunged on Thursday in their biggest daily drop si...

22nd September, 2022

Image for Bank of England raises rates to 2.25%, despite likely recession
Top Stories

Bank of England raises rates to 2.25%, despite likely recession

By David Milliken and Farouq Suleiman LONDON (Reuters) – The Bank of England raised its key interest...

22nd September, 2022

Image for Bank of England hikes rates by 50 bps as economy slows
Top Stories

Bank of England hikes rates by 50 bps as economy slows

LONDON (Reuters) – The Bank of England raised its key interest rate to 2.25% from 1.75% on Thursday...

22nd September, 2022

Image for Sterling pulls off 37-year low as a slew of central banks hike rates
Top Stories

Sterling pulls off 37-year low as a slew of central banks hike rates

By Joice Alves LONDON (Reuters) – Sterling rose, after slipping to a fresh 37-year low, against a we...

22nd September, 2022

Image for UK’s top manufacturing body slashes forecasts for 2023
Top Stories

UK’s top manufacturing body slashes forecasts for 2023

LONDON (Reuters) – Britain’s manufacturers association on Thursday slashed its forecast for growth i...

22nd September, 2022

Image for Bank of England set for second hefty rate rise in a row
Top Stories

Bank of England set for second hefty rate rise in a row

By David Milliken LONDON (Reuters) – The Bank of England looks set to raise interest rates by at lea...

22nd September, 2022

Image for Biden, UK’s Truss commit to protect Northern Ireland deal
Top Stories

Biden, UK’s Truss commit to protect Northern Ireland deal

By Steve Holland UNITED NATIONS (Reuters) -U.S. President Joe Biden and British Prime Minister Liz T...

22nd September, 2022

Image for UK manufacturers gloomy about near-term outlook – CBI
Top Stories

UK manufacturers gloomy about near-term outlook – CBI

By David Milliken LONDON (Reuters) -British manufacturers expect the biggest drop in production sinc...

21st September, 2022

Image for Putin speech sends sterling to fresh 37-year low ahead of Fed, BoE meetings
Top Stories

Putin speech sends sterling to fresh 37-year low ahead of Fed, BoE meetings

By Lucy Raitano LONDON (Reuters) – The pound touched a new 37-year low against the dollar on Wednesd...

21st September, 2022

Image for Factbox-Reaction to UK’s energy support package for businesses
Top Stories

Factbox-Reaction to UK’s energy support package for businesses

LONDON (Reuters) – Britain on Wednesday set out a support package for businesses to deal with soarin...

21st September, 2022

Image for UK eases pressure on business by halving energy bills this winter
Top Stories

UK eases pressure on business by halving energy bills this winter

By Paul Sandle LONDON (Reuters) -Britain pledged on Wednesday to cap wholesale electricity and gas c...

21st September, 2022

Image for Confidence in UK assets on thin ice, investors warn – Reuters poll
Investing

Confidence in UK assets on thin ice, investors warn – Reuters poll

By Andy Bruce LONDON (Reuters) – Investor confidence in British assets sits on the edge of a precipi...

21st September, 2022